Napster is the place where outlaws used to hang. Now they are all cleaned up, and will become a legitimate part of Best Buy.
Napster has 700,000 subscribers who now pay to download music. They have about six million songs which, ironically, is the exact capacity of the next generation iPod. You can download or stream your music, and they have some upgrades as well.
Shawn Fanning, the original outlaw file sharing genius, must be flipping out about now.
What's Driving This Trend
- Online Music Retail
- The acquisition of Napster by Best Buy highlights the growing trend of online music retail.
- Music Streaming Subscriptions
- Napster's 700,000 subscribers showcase the increasing popularity of music streaming subscriptions.
- Digital Music Upgrades
- Napster's upgrades demonstrate the trend towards improved digital music offerings.
Who This Affects Most
- Electronics Retail
- Best Buy's acquisition of Napster highlights the competitive landscape of the electronics retail industry.
- Music Streaming Services
- Napster's success highlights the potential for growth in the music streaming services industry.
- Digital Music Distribution
- Napster's digital music offerings showcase the potential for innovation in the digital music distribution industry.
